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Schach [20]
3 years ago
10

Select the statement that does not support the narrow view of non-managerial employees' responsibilities to their employer, the

idea that the employer exercises a great deal of control over the nature and terms of employment with very little discretion given to the employee:
A. Employees consent to obeying managers when they take a job.
B. Employees who agree to obey employers are not truly abandoning their own responsibility.
C. The choice of obeying someone's command or jeopardizing one's job is a fundamentally coercive situation and, therefore, the consent involved is not fully free.
D. Owners have property rights and have to be protected against the harms they might suffer from employees.
Business
1 answer:
devlian [24]3 years ago
4 0

Answer:

B. Employees who agree to obey employers are not truly abandoning their own responsibility.

Explanation:

This statement contradicts the narrow-view because it is telling us that even if employees obey managers in most, of all cases, employees also have their own, authonomous responsabilities, which, by their own will, they try to fulfill, giving them individual agency outside of direct employer control.

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Samantha just won a settlement with an insurance company, which entitles her to receive payments of $20,000 at the beginning of
AnnyKZ [126]

Answer:

$226,711.90

Explanation:

See attached file

4 0
3 years ago
Consider the adjustment process at the end of the accounting period. 1. Record the adjusting entries in the journal. 2. Prepare
dimulka [17.4K]

Answer:

3, 1, 4, 2

Explanation:

The adjustment are required so that any change in any account would be recorded in the books of accounts

The steps to record the adjustments is as follows

3. Determine the accounts requiring adjustment, using the unadjusted trial balance. Like supplies, insurance, rent, etc

1. Record the adjusting entries in the journal.  Like supplies, insurance, rent, etc

For example, the adjusting entry for supplies account is

Supplies expense A/c Dr XXXXX

     To Supplies A/c XXXXX

(Being the supplies expense is recorded)

4. Post the adjusting entries to the general ledger.

2. Prepare an adjusted trial balance to check the equality of the debits and credits. It includes all the adjusting entries that are recorded and the trial is always matched.

6 0
3 years ago
The Museum of America is preparing for its annual appreciation dinner for contributing members. Lastâ year, 525 members attended
Rama09 [41]

Answer:

Contribution Margin                                       $ 5775

Net Loss                                                          ( $ 5,200 )

Explanation:

Ticket sales                                                    $12,600

Less

Variable Costs

Cost of dinner

Variable Costs ( 15,300- 9000)                     $ 6,300

Invitations and paperwork (variable costs) <u>  $ 525</u>

Less Fixed Expenses

Cost of dinner   (fixed  costs)                       $ 9000

Invitations and paperwork (fixed  costs)      <u>$ 1975</u>

Net Loss                                                          ( $ 5,200 )

Contribution Margin is obtained by deducting variable costs from sales and then the profit or loss is obtained by deducting fixed costs from the contribution margin.

4 0
3 years ago
To be competitive firms must create and sustain core competencies that are in tune with their customer’s order winners (T/F)
Jobisdone [24]

Answer:

The statement is: True.

Explanation:

Order winners are those products that customers recognize of having the minimum requirements so they can consider to purchase them and that are better than their competitors eventually making consumers buy them. Thus, firms must keep core competencies aligned to the customers' order winners.

8 0
3 years ago
Prepare the journal entry to record bad debt expense assuming Windsor Company estimates bad debts at (a) 4% of accounts receivab
Hitman42 [59]

Answer:

                                                   DR.       CR.

(a)

Bad Debt Expense                  $2,000

Allowance for Doubtful Accounts            $2,000

(b)

Bad Debt Expense                  $5,420

Allowance for Doubtful Accounts            $5,420

Explanation:

a)

Allowance for Doubtful Accounts forthe year = Closing Account receivable x Rate of Allowance = $100,000 x 4% = $4,000

Allowance for Doubtful Accounts already has credit balance of $2,000 sot he net value of $2,000 ($4000- $2000) is adjusted in the journal entry.

b)

As the Allowance for Doubtful Accounts already had debit balance of $1,420but we have to make it as $4,000 credit balance because this is the contra asset account which normally has credit balance.

Adjustment amount = $4,000 + $1,420 = $5,420

* The data was missing in the question which is as follow

Duncan Company reports the following financial information before adjustments.

                                                                Dr.         Cr.

Accounts Receivable                    $100,000  

Allowance for Doubtful Accounts                       $2,000

Sales Revenue (all on credit)                 $900,000

Sales Returns and Allowance          $50,000

5 0
3 years ago
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